European union agriculture subsidies

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Reference no: EM1375115

The European Union has heavily sheltered its farm sector through import duties; in addition, Union subsidizes its exports of agricultural items. If "cropland" is regarded as a factor of production and is included in the Leontief statistic (along with, say, labor), how would the presence of these agricultural policies affect the results of such tests?

Reference no: EM1375115

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